8, BANKY MEADOW, MAIDSTONE, ME16 9JX - £750,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 BANKY MEADOW is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £750,000 in May 2022, which was around 39% above the average May 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

8 BANKY MEADOW Sold Prices

Land registry data shows three sales for 8 BANKY MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 8 BANKY MEADOW sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 31 MAY	£750,000	£540,403	39% above HPI
2000 13 JUN	£265,000	£177,890	49% above HPI
1996 30 MAY	£147,000	£104,929	40% above HPI

8 BANKY MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 8 BANKY MEADOW sales between May 1996 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2000 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 8 BANKY MEADOW?

8 BANKY MEADOW is 134m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 8 BANKY MEADOW lies on this distribution: 67% of detached houses are smaller than 8 BANKY MEADOW, and 32% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 BANKY MEADOW: Plot and Title Map

8 BANKY MEADOW sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 8 BANKY MEADOW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 BANKY MEADOW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 BANKY MEADOW?

8 BANKY MEADOW is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 8 on BANKY MEADOW.